943 S Bonnie Beach Place

Property Overview

We are pleased to offer for sale 943 South Bonnie Beach Place, a 16-unit apartment community located in East Los Angeles, about five miles east of Downtown Los Angeles.Built in 1923, the property comprises 8,400 square feet of improvements across nine buildings on a 16,000-square-foot parcel. Its unit mix is 14 one-bedroom units and two two-bedroom units. The property delivers strong in-place yield at a 6.90% scheduled cap rate and an 8.83 gross rent multiplier. Approximately 15% rental upside remains, capturable through ordinary turnover.With a Walk Score of 78, most errands can be accomplished on foot. Whittier Boulevard, the main commercial corridor of East Los Angeles, runs just north of the property. The 5, 60 and 710 Freeways put Downtown Los Angeles and the industrial employment centers of Vernon and Commerce within commuting distance.943 South Bonnie Beach Place offers investors an opportunity to acquire an income-producing asset with remaining upside in East Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Home Details

Property type: Residential Income
Year built: 1923
Living area: 8,400 sq ft
Lot size: 16,000 sq ft
Parking: 11 spaces
Stories: 2
Days on market: 53
MLS status: Active
Zoning: LCR4YY

Features & Amenities

Parking

Uncovered

Location & Neighborhood

Los Angeles, CA 90023

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Frequently Asked Questions About 943 S Bonnie Beach Place

Property type: Residential Income

The current asking price is $2,750,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 943 S Bonnie Beach Place. Our team will confirm availability and timing.

This 18 bedrooms and 16 bathrooms property offers approximately 8,400 square feet of living space. It was built in 1923. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 53 days. Status can change, so verify availability before relying on it.

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